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Not long after, in 1908, the Champion Fibre Company began mill operations in Canton, North Carolina.
In 1912, R.S. left R.J. Reynolds Tobacco to start the Reynolds Corporation with his two brothers.
In 1919, R.S. Reynolds founded the United States Foil Company, which later became Reynolds Metals Company, to manufacture tin foil for cigarette packaging.
In 1928, after buying back the stock he had sold to R.J. Reynolds to start United States Foil, R.S. Reynolds built the company's first aluminum foil plant and rolling mill in Louisville, and the Reynolds Metals Company was formed.
In fact, the company recorded annual sales of $13 million in 1930 and moved its corporate headquarters to New York City.
In 1935 Reynolds developed a method of printing on aluminum foil, employing the rotogravure process, which enabled the company to expand quickly into other aluminum foil packaging markets.
In 1937, in Europe to search for new sources of raw materials, Reynolds, Sr. observed that German production capacities for aluminum were more than two times that of the combined production capabilities of the United States, England, and France.
In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity.
Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947.
In 1948, R.S. Reynolds announced that he was turning leadership of Reynolds Metals over to his four sons.
Reynolds expanded its holdings worldwide, and in 1953 the company organized Reynolds International, Inc. in an effort to consolidate and further expand foreign operations.
He took a seat as the chairman of the company, where he remained active until his death in 1955.
In 1970 the first all-aluminum automobile engine block was introduced.
All-aluminum car bumpers were in use in 1973.
In 1975 the company's assets in Guyana were nationalized and Reynolds was forced to settle for a $10 million payment for its Guyanese holdings.
In 1976 David P. Reynolds was its chairman; J. Louis and William G. Reynolds were board members; a cousin, A.D. Reynolds was a vice-president; and William G. Reynolds, Jr. was the company's treasurer.
As of 1980, the company was recycling almost half the number of cans it produced.
Reynolds fortunes were greatly improved by the discovery of gold at one of the company's bauxite properties in Australia in 1986.
In 1989 the company acquired an interest in the Fata European Group in Italy, a company with strong ties to and business experience in Eastern Bloc countries.
In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public.
In 1993 Reynolds underwent a restructuring that included reducing alumina production and aluminum production by 21 percent, and sold its aluminum reclamation plant in Benton Harbor, Michigan.
Reynolds recycled 584 million pounds of aluminum, including more than 11 billion aluminum beverage cans, and nearly 228 million pounds of non-can aluminum scrap in 1996 alone.
During this time, the company’s ownership and name changed several times, with Pactiv in use since 1999.
In 2007 Evergreen Packaging was formed when three companies with superior expertise in gable top carton manufacturing, forming, filling and sealing combined into a single entity.
© 2022 Richard S. Reynolds Foundation.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Quality Packaging Specialists International | 1992 | $190.0M | 1,800 | 4 |
| Smith Optics | 1965 | $19.0M | 422 | 2 |
| Ideal Snacks | 1997 | $74.0M | 200 | - |
| Power Packaging Services | 1968 | $4.9M | 35 | - |
| Entertainment Distribution Company | 2005 | $1.9M | 4 | - |
| Cinram Manufacturing LLC | 2003 | $2.2B | 7,595 | - |
| Sauder's Eggs | 1966 | $180.0M | 200 | - |
| Cinram | 2012 | $430.0M | 1,300 | - |
| Winter Gardens Quality Foods | 1946 | $59.4M | 27 | - |
| Missa Bay Llc | - | $21.0M | 200 | - |
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